TDOC Teladoc Health Options Ahead of Earnings

If you haven`t sold TDOC here:

Then analyzing the options chain and chart patterns of TDOC Teladoc prior to the earnings report this week,
I would consider purchasing the 20usd in the money strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $5.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

TDOC trading at $29.20 after earnings, and the calls are up from $5.90 (when I wrote this article) to $10.45 at the close today (even higher intraday), for a decent 80% gain! Still bullish, in my opinion.